Comments on: Are High Yield Savings Account Rates On Their Way Down? http://amateurassetallocator.com/2010/02/05/are-high-yield-savings-account-rates-on-their-way-down/ Amateur Asset Allocator Fri, 10 Feb 2012 18:16:33 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Online Savings Accounts http://amateurassetallocator.com/2010/02/05/are-high-yield-savings-account-rates-on-their-way-down/comment-page-1/#comment-7151 Online Savings Accounts Mon, 08 Feb 2010 23:46:42 +0000 http://amateurassetallocator.com/?p=3749#comment-7151 Not only will savings account rates remain low for some time, but they will probably fall even lower from where they are now. Every day we are getting closer to 1.00% being considered a high rate. Not only will savings account rates remain low for some time, but they will probably fall even lower from where they are now. Every day we are getting closer to 1.00% being considered a high rate.

]]> By: Sofaking Nuts http://amateurassetallocator.com/2010/02/05/are-high-yield-savings-account-rates-on-their-way-down/comment-page-1/#comment-7082 Sofaking Nuts Fri, 05 Feb 2010 13:35:09 +0000 http://amateurassetallocator.com/?p=3749#comment-7082 I recommend checking out http://www.depositaccounts.com. There you can find the highest rates on checking and savings accounts, as well as CD's. I currently have my money in a rewards checking account (that I found on http://www.depositaccounts.com, BTW) that's paying 4%. You won't find a savings account or CD with that interest rate. I recommend checking out http://www.depositaccounts.com. There you can find the highest rates on checking and savings accounts, as well as CD’s.
I currently have my money in a rewards checking account (that I found on http://www.depositaccounts.com, BTW) that’s paying 4%. You won’t find a savings account or CD with that interest rate.

]]> By: FFB http://amateurassetallocator.com/2010/02/05/are-high-yield-savings-account-rates-on-their-way-down/comment-page-1/#comment-7080 FFB Fri, 05 Feb 2010 12:51:48 +0000 http://amateurassetallocator.com/?p=3749#comment-7080 That's the big question in all of this: When will the Fed raise rates? Rates have to eventually go up because the Fed can't keep giving money away to the banks. I've heard all sorts of speculation but I think the consensus is in the second half of the year. Even with the low rates, a person should still make sure to have adequate savings put away. That’s the big question in all of this: When will the Fed raise rates? Rates have to eventually go up because the Fed can’t keep giving money away to the banks. I’ve heard all sorts of speculation but I think the consensus is in the second half of the year.

Even with the low rates, a person should still make sure to have adequate savings put away.

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